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Trilogy Reg A+ Bond Offering Acquires Lakeview Multifamily
Trilogy Multifamily Income & Growth Holdings, a Regulation A+ bond offering sponsored by Trilogy Real Estate Group, has acquired a 138-unit, Class A multifamily community in Logan Square. Terms of the transaction weren’t disclosed.
“We are very excited to have acquired the first property within the Trilogy Multifamily Income & Growth Holdings offering,” said Matt Leiter, CFO of Trilogy. “Our capital raise and a rapidly expanding selling group are strong indicators that investors are eagerly seeking investments offering attractive current income with upside potential and we believe this property delivers on both fronts.”
The six-story building was built in 2018 and provides 138 studio, one- and two-bedroom apartment homes and 8,800 square feet of fully occupied ground-floor commercial space. It’s located 300 feet from the nearest Chicago Transit Authority train station.
Trilogy’s Regulation A+ bond offering intends to primarily acquire existing Class A and Class B multifamily in targeted markets.
- ◦Sale/Acquisition
